Have a look at what happens if The Chinese obtain 50.1%?
Read the Landbridge offer document, it says they will do a complete "strategic review" of the entire company including it's operations, its staff, disposing of the G.B etc, etc ..
I don't think Santos/GLNG would feel secure of gas supply out of Meridian with Chinese control. I wouldn't!
The Chinese have the land next door to develop and the GSA only applies to the 1 Meridian field.
"Through the roof" valuation stands after the NSW circus - lol
WCL Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held